Ollies Bargain Outlet Holdings (OLLI) : Ollies Bargain Outlet Holdings (OLLI) had a healthy money flow of $0.92 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $4.39 million, whereas, investors only sold shares worth $3.47 million on downticks. The stock closed the day with an up-down ratio of 1.26.The money flow in the block trades to the tune of $0.74 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.74 million worth of transactions were on upticks. Ollies Bargain Outlet Holdings (OLLI) stock slid $0.18 intraday and traded at 27.48, a change of -0.65% over previous days close. However, for the week, the company shares are 4.01% compared to previous weeks close.
The company Insiders own 21.8% of Ollies Bargain Outlet Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -45.65% . Institutional Investors own 88.27% of Ollies Bargain Outlet Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -94.46%.
In a related news, Hendrickson Thomas, director of Ollies Bargain Outlet Holdings, Inc., had purchased 1,950 shares on April 12, 2016. The total value of the transaction was $46,586. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Ollies Bargain Outlet Holdings (NASDAQ:OLLI): stock was range-bound between the intraday low of $26.97 and the intraday high of $27.8699 after having opened at $27.7 on Fridays session. The stock finally closed in the red at $27.7, a loss of -0.65%. The stock remained in the red for the whole trading day. The total traded volume was 598,022 shares. The stock failed to cross $27.8699 in Fridays trading. The stocks closing price on Thursday was $27.66.
Ollies Bargain Outlet Holdings (OLLI) : Traders are bullish on Ollies Bargain Outlet Holdings (OLLI) as it has outperformed the S&P 500 by a wide margin of 2.33% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.49%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.01% in the last 1 week, and is up 2.19% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Ollies Bargain Outlet Holdings, Inc. is a retailer of closeouts, excess inventory and salvage merchandise. The Company, through its wholly owned subsidiary, Ollies Bargain Outlet, Inc., offers products of various categories, including housewares, food, books and stationery, bed and bath, floor coverings, toys and hardware. It offers products under various brands, such as Ollies, Ollies Bargain Outlet, Ollies Army, Real Brands! Real Bargains! and Good Stuff Cheap. The Company operates approximately through approximately 185 stores across 16 states, including Alabama, Delaware, Georgia, Indiana, Kentucky, Maryland, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia and West Virginia. It owns several domain names, including www.ollies.us, www.olliesbargainoutlet.com, www.olliesarmy.com, www.ollies.cheap, www.sarasotabreeze.com and www.olliesmail.com.